Abhinandan Lodha-led Lodha Ventures rebrands as Abhinandan Ventures
Abhinandan Lodha-led Lodha Ventures has rebranded as Abhinandan Ventures and no longer holds any rights to the Lodha Ventures brand, the company has said
Abhinandan Lodha-led Lodha Ventures has rebranded as Abhinandan Ventures and no longer holds any rights to the Lodha Ventures brand, the company has said.
Abhinandan Lodha and his associated entities have made an application for cancellation of the registered trademark ‘Lodha Ventures’ in accordance with the Order of the Bombay High Court and “do not in any manner continue to own or have any right in relation to the brand ‘Lodha Ventures',” the company said.
“Our new identity, Abhinandan Ventures, represents a confident step forward in distinguishing the group’s independent vision and its innovative and transformative approach across sectors,” the company said in a statement.
“Over the years, our group has become synonymous with innovation, and we now would like to capitalize on that equity with a name that truly reflects our identity and evolution. This shift is intended to further reflect the strength and depth of our presence across sectors—from private equity to branded land and differentiated real estate development among others. With all our businesses being new age, tech driven consumer-centric businesses, the new branding allows us to clearly communicate our innovation-first philosophy and ambitious plans for the future,” said Abhinandan Lodha, chairman, Abhinandan Ventures.
The Lodha brothers—Abhishek Lodha and Abhinandan Lodha—and their companies had ‘amicably resolved all outstanding disputes under family mediation,’ separate statements issued by both parties said on April 14.
{{/usCountry}}The Lodha brothers—Abhishek Lodha and Abhinandan Lodha—and their companies had ‘amicably resolved all outstanding disputes under family mediation,’ separate statements issued by both parties said on April 14.
{{/usCountry}}On January 31, the Bombay High Court had appointed a former Supreme Court Justice R V Raveendran as mediator to facilitate discussions, aiming for a resolution within five weeks.
{{/usCountry}}On January 31, the Bombay High Court had appointed a former Supreme Court Justice R V Raveendran as mediator to facilitate discussions, aiming for a resolution within five weeks.
{{/usCountry}}Abhishek Lodha and Abhinandan Lodha, the two real estate developers, were in the news after listed real estate firm Macrotech Developers, also known as Lodha Group, where Abhishek Lodha is the Managing Director, filed a 5000-crore lawsuit against his younger brother’s firm, the House of Abhinandan Lodha (HoABL), over allegations that the latter was unlawfully using the ‘Lodha’ or ‘Lodha Group’ brand name.
{{/usCountry}}Abhishek Lodha and Abhinandan Lodha, the two real estate developers, were in the news after listed real estate firm Macrotech Developers, also known as Lodha Group, where Abhishek Lodha is the Managing Director, filed a 5000-crore lawsuit against his younger brother’s firm, the House of Abhinandan Lodha (HoABL), over allegations that the latter was unlawfully using the ‘Lodha’ or ‘Lodha Group’ brand name.
{{/usCountry}}The Lodha brothers are sons of BJP leader and Maharashtra cabinet minister Mangal Prabhat Lodha, and they reached a settlement in 2015.After the 2015 separation, Abhishek Lodha continued to operate under the umbrella of Lodha Group, founded in the 1980s by Mangal Prabhat Lodha. The company was listed in April 2021.
All the businesses within the Abhinandan Ventures group are new-age and tech driven which allow them to scale up faster than any conventional business, it said.
The group’s portfolio includes ventures such as The House of Abhinandan Lodha, Tomorrow Capital, BeyondSkool, and Sheetal Lodha Foundation.
